MB Trading : 1 Trades: -60.5 pips GO Markets : No Trades InterbankFx : 1 Trades: -55.3 pips InterbankFx AU : 1 Trades: -52.4 pips FxPro : No Trades Alpari UK (Micro-1): No Trades Alpari UK (Classic): No Trades FXDD : No Trades AxiTrader : 1 Trades: -51.1 pips Forex.com : 1 Trades: -52.0 pips TRADE DETAILS: Read More...
Yearly Archives: 2011
Megadroid Results: Wed 9th Feb 2011
MB Trading : No Trades GO Markets : 1 Trades: 9.7 pips InterbankFx : No Trades InterbankFx AU : No Trades FxPro : No Trades Alpari UK (Micro-1): 1 Trades: 9.2 pips Alpari UK (Classic): 1 Trades: 9.2 pips FXDD : No Trades AxiTrader : No Trades Forex.com : 1 Trades: 9.0 pips TRADE DETAILS: Read More...
Reason for the lack of trades recently?
The last few weeks have been incredibly quiet for Megadroid. Apart from one trade on my MB Trading account yesterday, I have had no trades for the past 2 weeks or so.
The reason for the recent lack of Megadroid trades, is the unusally stable price action between 4PM EST and 6PM EST i.e the period when Megadroid places trades. Megadroid is basically a range trading system. During this time window when the EUR/USD price moves significantly Megadroid will place a trade in the opposite direction. However recently the EUR/USD hasn’t been moving sufficiently to generate a trade signal.
To illustrate the problem, I’ve included a chart of EUR/USD during today’s Megadroid trading session. As you can see EUR/USD barely fluctuated 10 pips. Not enough to get a trade signal. So the problem at the moment is a lack of volatility.
Megadroid Results: Mon 7th Feb 2011
MB Trading : 1 Trades: 7.0 pips GO Markets : No Trades InterbankFx : No Trades InterbankFx AU : No Trades FxPro : No Trades Alpari UK (Micro-1): No Trades Alpari UK (Classic): No Trades FXDD : No Trades AxiTrader : No Trades Forex.com : No Trades TRADE DETAILS: Read More...
February 2011 Summary
MB Trading : 2 Trades: -53.5 pips GO Markets : 5 Trades: 10.5 pips InterbankFx : 4 Trades: -52.8 pips InterbankFx AU : 4 Trades: -48.7 pips FxPro : 1 Trades: 5.5 pips Alpari UK (Micro-1): 3 Trades: 14.5 pips Alpari UK (Classic): 5 Trades: 23.8 pips FXDD : 1 Trades: 1.0 pips AxiTrader : 3 Trades: -50.0 pips Forex.com : 3 Trades: -42.0 pipsAverage = -19.3 pips, Profit = -$479 (e.g trading 250k lot EUR/USD)
No Megadroid trades for almost 2 weeks!
Just in case you’re wondering, Megadroid has been remarkably quiet recently. In fact I haven’t had a trade on any of my accounts since 20th January 2011.
For some reason the range on the EUR/USD pair has been extremely tight during the Megadroid trading session (4PM to 6PM EST), which has meant there’s been no trade signals. Hopefully the trading drought will break this week.
Megadroid Results: Thur 20th Jan 2011
MB Trading : 1 Trades: 1.7 pips GO Markets : No Trades InterbankFx : No Trades InterbankFx AU : No Trades FxPro : No Trades Alpari UK (Micro-1): No Trades Alpari UK (Classic): No Trades FXDD : No Trades AxiTrader : No Trades Forex.com : No Trades TRADE DETAILS: Read More...
Megadroid Results: Wed 19th Jan 2011
MB Trading : 1 Trades: 1.4 pips GO Markets : 1 Trades: 0.5 pips InterbankFx : 1 Trades: 1.0 pips InterbankFx AU : 1 Trades: -1.2 pips FxPro : 1 Trades: 1.1 pips Alpari UK (Micro-1): 1 Trades: 0.9 pips Alpari UK (Classic): 1 Trades: 0.9 pips FXDD : No Trades AxiTrader : No Trades Forex.com : 1 Trades: 1.0 pips TRADE DETAILS: Read More...
Megadroid Results: Mon 17th Jan 2011
MB Trading : 2 Trades: 5.6 pips GO Markets : 2 Trades: 11.8 pips InterbankFx : 2 Trades: 10.1 pips InterbankFx AU : 2 Trades: 8.6 pips FxPro : 2 Trades: 8.8 pips Alpari UK (Micro-1): 2 Trades: 9.6 pips Alpari UK (Classic): 2 Trades: 7.8 pips FXDD : No Trades AxiTrader : 2 Trades: 11.0 pips Forex.com : 2 Trades: 12.0 pips TRADE DETAILS: Read More...
Megadroid Results: Thur 6th Jan 2011
MB Trading : 3 Trades: 21.3 pips GO Markets : 3 Trades: 35.1 pips InterbankFx : 2 Trades: 23.4 pips InterbankFx AU : 2 Trades: 23.3 pips FxPro : 2 Trades: 11.0 pips Alpari UK (Micro-1): 2 Trades: 10.7 pips Alpari UK (Classic): 2 Trades: 10.1 pips FXDD : 2 Trades: 25.6 pips AxiTrader : 2 Trades: 17.2 pips Forex.com : 1 Trades: 1.0 pips TRADE DETAILS: Read More...